Exxaro Resources Ltd

EXXARO long position looking good

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We were entered into a long position on 24th of August based off of our momentum strategy. It took two days to get into a profit situation but with today's price action we are nicely in a profit situation for now. It may find a bit of resistance at the current levels, but once it breaks through I can see it going all the way to the target at the 195 level.

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